Oil Industry News

April 9 (Bloomberg) -- A decision by China to allow its currency to appreciate may help to boost exports of palm oil from Indonesia to the worlds fastest growing major economy by more than a fifth, according to a producers association.

April 9 (Bloomberg) -- Crude oil rose for the first time in three days as concerns over a Greek default subsided and better- than-estimated retail sales in the U.S. bolstered optimism of a global economic recovery and increased fuel demand.

April 9 (Bloomberg) -- Crude oil rose for the first time in three days as concerns over a Greek default subsided and better- than-estimated retail sales in the U.S. bolstered optimism of a global economic recovery and increased fuel demand.